JUPITER SEA & AIR SERVICES PVT. LTD, EGMORE – CHENNAI, INDIA.

E-MAIL : Robert.sands@jupiterseaair.co.in   Mobile : +91 98407 85202

 

Corporate News Letter for Tuesday  August 30, 2022.

                                                                                                                  

 

Today’s Forex Rates : Source – The Economic Times

 

CURRENCY

PRICE

CHANGE

%CHANGE

OPEN

PREV.CLOSE

DAY's LOW-HIGH

USD/INR

79.96

0.080002

0.100153

80.075

79.88

79.92- 80.13

EUR/USD

0.997

0.0004

0.040137

0.9975

0.9966

0.9914- 0.9995

GBP/INR

93.4528

-1.066101

-1.127924

93.4067

94.5189

93.2019- 93.5735

EUR/INR

79.6633

-0.232704

-0.291259

79.4604

79.896

79.3004- 79.7125

USD/JPY

138.63

0.990005

0.719272

137.64

137.64

137.58- 139.002

GBP/USD

1.1683

-0.0061

-0.519409

1.1774

1.1744

1.1649- 1.1752

DXY Index

109.031

0.227997

0.20955

108.881

108.803

108.881- 109.478

JPY/INR

0.5773

-0.0071

-1.214919

0.5781

0.5844

0.5759- 0.5785

::                    Sea Cargo News               ::


APM Terminals Pipavav strengthens its position by receiving block train from ICD Panipat


APM Terminals Pipavav, one of the leading gateway ports in Western India received the first full block train for D.D. International Private Limited.

 

The train was flagged off from ICD Panipat in the first week August and reached the port within 2 days. The block train is operated by the DP world for Maersk to transport the cargo for D.D. International Private Limited.



APM Terminals Pipavav is well connected to the varied belts in north-west hinterland via rail connecting the hinterland customers to the global markets. The new service further strengthens port's connectivity to hinterland.

 

The containers carrying rice are destined for Jeddah and Dammam in the Middle East. Commenting on the occasion, Jakob Friis Sørensen, MD, APM Terminals Pipavav said, "We are happy to receive the first block train for D.D. International Private Limited at our port.

 

The connection helps our customers in moving their containers safely, quickly, and sustainably and offers our hinterland customers an additional mode to expand their business in the global markets.

 

Moving the consignment by rail is safe and sustainable that not only reduces the congestion on the road but also helps in reduction in carbon footprint."

 

Long-haul container shipping capacity grows at expense of regional lanes

Rome Express / Source: www.vesselfinder.com

Intra-Europe, intra-Asia and container services to Africa have taken a beating as liner operators diverted vessels to the more lucrative Asia-Europe and Transpacific lanes over the past year.

Alphaliner’s latest report, released on 24 August, stated that as of 1 August, intra-Europe capacity had declined by 14% year-on-year. The contraction for intra-Asia and African services was 10% and 4%, respectively.

Alphaliner noted that while in August 2021, the reduction in intra-Europe capacity was just 5%, Russia’s invasion of Ukraine in February 2022 caused more capacity to be withdrawn, as many regular services to/from Russia were suspended. In comparison, the decline in intra-Asia capacity is comparable to what it was in August 2021.

Alphaliner said, “During the past 12 months the number of ships deployed in Africa-related service has decreased from 457 to 409 units. This capacity loss was only partly compensated for by deploying larger ships with an average size of 4,077 TEU on 1 August (compared to 3,814 TEU last year).”

The largest route in terms of cellular fleet deployment remains Asia – North America, which saw capacity increase by 31% in 2021. The capacity addition slowed to 62,500 TEU, or 1.1%, to 5.55 million TEU in the first seven months of 2022. After a significant capacity build-up of 31% in 2021, only 62,500 TEU slots were further added in the first seven months of this year.

As more medium-sized or smaller ships have been shifted to deep sea routes, the average vessel size on all trade routes, except Africa-related services, has decreased. The biggest ships are still deployed between Asia and Europe, where the average size now stands at 15,217 TEU, down from 16,086 TEU in August 2021.

The average size on the Asia - North America loops has dropped from 8,809 TEU last year to 8,399 TEU on 1 August. During the past 12 months, the number of ships deployed in Africa-related services has decreased from 457 to 409 units. This capacity loss was only partly compensated for by deploying larger ships with an average size of 4,077 TEU on 1 August (compared to 3,814 TEU last year).

German trade union and ports reach collective bargaining agreement

HHLA Container Terminal Burchardkai in Hamburg / Source: HHLA / Thies Rätzke.


While the port workers' strike at Felixstowe continues, causing challenges in and out of the United Kingdom, the situation in Germany is expected to return to normal.

In the tenth round of collective bargaining with the Central Association of German Seaport Companies (ZDS), the German trade union German United Services Union (ver.di) said it achieved a collective bargaining result for around 12,000 employees in German North Sea ports.

In detail, the collective bargaining agreement says that from 1 July 2022, the wages in full container companies in the corner wage group 6 (including special payment) will increase by 9.4%, in the conventional and general cargo port companies, they increase by 7.9% in the same reference wage group (including special payment).

Additionally, from 1 June 2023, the fees in the above-mentioned operating modes will increase by a further 4.4%.

If the price increase rate is higher, an inflation clause comes into effect, which compensates for a price increase rate of up to 5.5%, according to the agreement.

In the event of a higher inflation rate, the bargaining parties have agreed on a negotiation obligation, including a special right of termination.

“This is a very good result. Our most important goal was real inflation compensation so that employees were not left alone with the consequences of the galloping price increases. We succeeded in doing that,” pointed out ver.di negotiator, Maya Schwiegershausen-Güth.

The ver. di Federal Tariff Commission has already issued a resolution recommendation for the collective bargaining result. The German union will now initiate a discussion process with the members in the companies about the collective bargaining result.

Furthermore, on 5 September 2022, the ver.di Federal Tariff Commission will then make the final decision on the collective bargaining result.

Boxships scramble to safety as Typhoon Ma-on lashes southern China

Port of Hong Kong.

Ships have been getting out of Hong Kong and other ports in the Greater Bay Area in southern China as Typhoon Ma-on makes landfall in the vicinity this morning (25 August) local time.

S&P Global Market Intelligence’s vessel-tracking data shows that currently, just one boxship, Swire & Sons-operated 95 TEU Mo Sing Leng, is in Hong Kong, while 24 other container vessels have sought refuge in the anchorages. Forty-five other container ships departed Hong Kong in the last 24 hours.

Chinese meteorological services said that the centre of Ma-on is on the northern surface of the South China Sea, about 210 kilometres south-east of Zhanjiang in Guangdong province. The storm then travelled at 30km/hour in the northwestern direction, causing heavy rains in Guangdong, Guangxi and Yunnan provinces and around the Pearl River Delta.

In Shenzhen, there are no container ships in the main sub-ports of Yantian and Shekou, while 10 other container ships are in the anchorages.

All ships in Zhanjiang Port have left the berths before midnight today to enter the anchorages, and all the crew members of unpowered ships in the port have been evacuated to shore. The Hong Kong-Zhuhai-Macau Bridge has suspended water traffic, prohibiting any ship from passing through the channel.

Felixstowe strike could be extended until end of year, supply chain havoc continues


Workers at the Port of Felixstowe, who have launched an ongoing strike over wages from 21 August, have not come to an agreement with CK Hutchison, the Hong Kong-based port owner.

General secretary of the British trade union Unite, which represents the workers in the dispute, Sharon Graham pointed out that the strike could continue until the end of the year, if Felixstowe Dock and Railway Company, the port operator owned by Hutchison Ports UK Ltd, does not improve its offer.

During negotiations on 8 August, the port operator offered a 7% pay rise and a single payment of £500 (around €600 or US$600), but the union rejected the company’s settlement.

Addressing the striking dockworkers, Sharon Graham said, “The company [Felixstowe Ports] is making an absolute fortune. It could pay 50% more on wages and still be in profit. We are asking for 10%. What is the problem? The company needs to come clean and open the books about their untold billions."

Sharon Graham highlighted "forensic research" on CK Hutchison operations. "Every single client, every investor, every decision maker at CK Hutchison is being looked into. I will be inviting the shareholders at CK Hutchison, the clients of CK Hutchison, the decision makers of CK Hutchison to meetings with me, to open the books on what is going on. The company's refusal to settle the union claim is about corporate greed," he said.

In an announcement on 23 August, Graham noted, "The Port of Felixstowe is the epitome of an economy that doesn’t work for workers. In 2021 the company accounts show profits that are the highest in recent company history, along with bumper dividends. So there’s a bonanza for the shareholders and a pay cut for the workers."

Meanwhile, the strike, which is the first one at Felixstowe port since 1989, continues to delay vessels and wreak havoc with supply chains. According to the latest report by the global information technology company, IQAX, 18 vessels have been delayed by the strike so far, while American business news channel CNBC reported that it could take around two months to clear the backlog.

Danish container carrier Maersk has also announced that the strike has affected logistics operations in and out of the United Kingdom. "Our contingency measures are in place to combat the circumstances at Felixstowe, including making changes to our vessel line-up to maximise available labour at the immediate conclusion of the strike," said Maersk.

Copenhagen-based box line added, "Once normal service resumes at the end of the strike, we anticipate demand for carrier haulage to be at very high levels and therefore encourage customers to book early."

TotalEnergies Marine Fuels completes COSCO’s first marine biofuel bunkering


TotalEnergies Marine Fuels has completed the first refueling of a COSCO container ship with sustainable marine biofuels.  This is TotalEnergies' first biofuel bunkering operation for a container ship in Singapore.

The 4,250 TEU container ship Cosco Houston was refueled with biofuels supplied by TotalEnergies in Singapore waters, via ship-to-ship transfer.

"We are honoured to partner COSCO Shipping Lines, one of the world's largest container shipping companies, in their decarbonisation journey with the provision of their first biofuel bunker stem. This successful collaboration lays a foundation for both companies to explore new joint initiatives that promote the introduction of clean, low-carbon alternative fuels," commented Laura Ong, general manager of trading and operations for Asia Pacific at TotalEnergies Marine Fuels.

VLSFO (Very Low Sulfur Fuel Oil) blended with 20% second generation, waste-based and ISCC certified UCOME (Used Cooking Oil Methyl Ester), was supplied through an operation made possible with the support of the Maritime and Port Authority of Singapore (MPA) and the involvement of local partners.

It is important to note that from a well-to-wake assessment, biofuel will reduce about 17% of greenhouse gas emissions compared to conventional fuel oil, according to a statement. The biofuel has been consumed during the container ship's voyage to Jakarta, Indonesia.

"This milestone bio-bunkering operation also further validates the important role of biofuels in decarbonizing conventional marine fuels, and the potential greenhouse gas (GHG) reduction gains it can bring to existing vessels. In line with TotalEnergies' climate ambition to reach net-zero emissions by 2050 together with society, we will continue to scale up our biofuel capabilities and to support the growing interest for sustainable marine biofuels in this region," noted Laura Ong.

California Legislature gives Long Beach bridge new name



The Port of Long Beach's new cable-stayed span has been designated as the Long Beach International Gateway Bridge after state Senate approval.

The iconic bridge connecting Terminal Island to downtown Long Beach opened as part of the state highway system.

"Since our new bridge officially opened in 2020, it has been a bright new landmark for our city – welcoming visitors from close to home and around the world," said Long Beach Mayor Robert Garcia.

"The approval of its official name as the Long Beach International Gateway Bridge perfectly fits all that it represents, and we are excited to have it serve our community and our great Port for generations to come," he added. The port turned over ownership of the bridge to Caltrans, leaving responsibility for the bridge's name to the state legislature.

"The new name reflects that this truly is a bridge to everywhere by connecting Long Beach to the rest of the world as a critical link in the global supply chain," said Port of Long Beach Executive Director Mario Cordero.

"The Long Beach International Gateway Bridge represents our ongoing commitment to invest in infrastructure projects that will strengthen the Port's competitiveness for decades to come," he continued.

With two support towers and a colorful LED lighting system, the Long Beach International Gateway Bridge has already become an icon on the Southern California skyline.  It is taller than the previous one to accommodate large cargo ships and to generally improve truck and passenger traffic for Southern California's transportation network.

The US$1.5 billion Long Beach International Gateway Bridge replaced the Gerald Desmond Bridge, which opened in 1968 and was named after a former Long Beach city attorney and city councilman who helped secure funding for its construction opening.

Demolition of the Gerald Desmond Bridge is expected to be completed by the end of 2023.

Performance Shipping acquires its first LR2 Aframax oil tanker



Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 105,304 dwt LR2 Aframax oil product tanker, the M/T Alpine Amalia, to be renamed M/T P. Aliki, built in 2010 by Hyundai Heavy Industries Co., Ltd. - Ulsan, South Korea, from an unaffiliated third party for a gross purchase price of US$36.5 million. The vessel, which is expected to be delivered to the Company in November 2022, is fitted with a ballast water treatment system (BWTS) and Exhaust Gas Cleaning System (EGCS), and its next scheduled special survey and drydock is not due until 2025.

The Company expects to finance the acquisition with cash-on-hand raised from its recent equity offerings and the incurrence of debt through a new senior secured facility that it anticipates it will enter into prior to the delivery of the vessel. 

Commenting on the agreement, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated:

“The acquisition of our seventh vessel, a long-range Aframax oil product tanker referred to as an LR2, marks yet another significant milestone for our Company. It marks our entry into the refined petroleum product tanker sector, which we believe enjoys strong fundamentals and prospects. Spot charter rates for LR2 tankers are currently averaging in excess of US$40,000.00 per day and we expect to trade the vessel, following its delivery to us, in the spot market. The vessel is fitted with a BWTS and EGCS (scrubber), which we anticipate will enable it to achieve premium charter rates and high utilization. We look forward to participating in a strong tanker market with our expanded fleet of 7 Aframax tankers and low maintenance capital expenditures going forward.”

New wood-chip carrier for Marusumi Paper Co. delivered



On August 23, the wood chip carrier "Stellar Harmony"  was completed by Iwaki Shipbuilding Co., Ltd., a member of the Imabari Shipbuilding Group. Based on a long-term transportation contract with Marusumi Paper Co., Ltd., the vessel will mainly transport environmentally and socially friendly woodchips from New Zealand, Australia, North America and South America.

The vessel is equipped with a Hybrid Fin (energy-saving equipment attached to the rudder to improve propulsion efficiency) and an energy-saving governor (equipment that saves fuel and reduces the load during main engine operation). It will be an eco-ship that uses a main engine with specifications that improve efficiency.

In addition, the vessel will pump up seawater on the route and collect microplastics floating in the ocean. After being landed, the collected microplastics will be analyzed by the Chiba Institute of Technology and used for research to clarify the actual distribution of microplastics in the ocean.  

Overview of the vessel
(1) Overall length: Approximately 199.9 meters
(2) Overall width: 32.24 meters
(3) Deadweight tons: 49,506 tons
(4) Loading capacity: Approximately 3,600,000 cubic feet
(5) Builder: Imabari Shipbuilding Group Iwaki Shipbuilding On February 3, 2021, the NYK Group, Inc

:://              AIR CARGO NEWS             //::

 

Akasa Air issues apology post data breach

Akasa Air, which operated its inaugural flight on August 7 from Mumbai to Ahmedabad, said it immediately stopped the unauthorised access by completely shutting down the associated functional elements of its system.



India's new airline services, Akasa Air, on admitted suffering a data breach and issued an apology for the same saying there was "no intentional hacking attempt" to break into its systems.

The airline said in a message posted on its website that a temporary technical configuration error related to our login and sign-up service was reported to us on Thursday August 25, 2022.

"As a result of this configuration error, some Akasa Air registered user information limited to names, gender, email addresses and phone numbers may have been viewed by unauthorised individuals," IANS quoted the company as saying. We can confirm that aside from the above details, no travel-related information, travel records or payment information was compromised," it added.

Akasa Air, which operated its inaugural flight on August 7 from Mumbai to Ahmedabad, said it immediately stopped the unauthorised access by completely shutting down the associated functional elements of its system.

"While extensive protocols are in place to prevent incidents of such nature, we have undertaken additional measures to ensure that the security of all our systems is even further enhanced," said Anand Srinivasan, Co-Founder and Chief Information Officer at Akasa Air.

Akasa Air "self-reported" the incident to CERT-In.   "We have also notified the affected users of the above, and have informed such users that this matter has been reported to CERT-In," it added.

"We would like to clarify that based on our records there was no intentional hacking attempt," said the airline in which late billionaire Rakesh Jhunjhunwala had made substantial investment.

Emirates to reintroduce direct Airbus A380 services to Auckland and Kuala Lumpur from December


As travellers kick-start the search for their next holiday, Emirates is announcing that it will restore its non-stop A380 services to and from Auckland and Kuala Lumpur, starting from 1 December.

The airline currently operates to both cities with a linked Boeing 777-300ER service, which makes a stop in Kuala Lumpur before continuing on to Auckland. The start of A380 flights will see both cities delinked and served with direct services to and from Dubai. The latest update to the airline’s schedule will offer customers greater levels of flexibility and much needed seat availability. 

The new services will also provide more opportunities to travel across the Emirates network with reduced transit times after the delinking of services, and faster connections to and from Europe, the Middle East, South Asia as well as Africa.

The non-stop services between Dubai and Auckland will also reclaim its title as the longest route on the Emirates network, clocking in 14,200 km, in addition to being one of the world’s longest non-stop scheduled commercial flights. 

Emirates’ direct flight EK448 from Dubai to Auckland will depart at 10:05hrs and arrives at 11:05hrs the next day. The return flight will depart Auckland at 21:15hrs and arrives in Dubai at 05:25hrs the next day. All times are local.

Emirates’ A380 service to Kuala Lumpur, EK 346 will depart Dubai at 0330hrs, landing at 1435hrs. EK 343 will depart Kuala Lumpur at 0145hrs, arriving in Dubai at 0505hrs.

The reintroduction of the airline’s flagship A380 to Auckland and Kuala Lumpur will provide more choice for tourists looking to discover these exciting destinations, and also offers travellers a chance to experience the A380’s signature products and services across all classes.

New Zealand is ramping up its visibility with a global campaign in key markets to encourage more visitors to come and re-live the country’s incredible experiences and stunning natural attractions. To promote Malaysia as a unique travel destination, Emirates recently signed a Memorandum of Collaboration (MoC) with the Malaysia Tourism Board to develop inbound visitor traffic into the country from key markets across the airline’s network.

The Emirates A380 experience remains highly sought after by travellers for its spacious and comfortable cabins, and signature products that offer travellers the best experiences in the sky like the Onboard Lounge, First Class suites and Shower Spa.

The A380 experience is always rounded off by award-winning hospitality, regional culinary creations and authentic tastes, and the airline’s award-winning inflight entertainment system, ice, with more than 5,000 channels of on-demand entertainment at every customer’s fingertips.

The airline is accelerating the deployment of its flagship A380 aircraft in line with growing global demand for air travel, with 32 destinations currently being served on a scheduled basis, and more to be announced in the coming weeks and months.

Cargojet successfully recertifies ISO 9001 quality accreditation


Cargojet Inc. Cargojet announced the successful recertification of its ISO 9001:2015 Quality Standard Accreditation, for the twentieth  consecutive year.  Cargojet is the only air cargo carrier in Canada with this accreditation. 

“This accreditation reinforces the continuity of the value added, safe, on time and reliable service Cargojet provides to its customers on a daily basis. It includes a review of an organization’s documented quality management system and ongoing audits of our facilities to ensure the quality management systems have been implemented and are effective,” says Dr. Ajay K. Virmani, President and CEO.  

“We have once again earned this certification due to the hard and conscientious efforts of our team who continue to surpass our customer’s expectations while maintaining excellence in standards, processes and procedures,” adds Virmani. 

Cargojet is Canada’s leading provider of time sensitive premium air cargo services to all major cities across North America, providing Dedicated, ACMI and International Charter services and carries over 25,000,000 pounds of cargo weekly. Cargojet operates its network with its own fleet of 34 aircraft.

IPP Air Cargo will soon be in the air


Phillip Nguyen, CEO of IPP Travel Retail, speaking at the Routes Asia conference in June this year, stated that the new airline, branded IPP Air Cargo, will begin operations in September 2022, first servicing Hong Kong and Singapore.

IPP Air Cargo's first 737-800 BCF aircraft is nearing completion at Guangzhou Aircraft Maintenance Engineering Co., Ltd. (GAMECO), announced Brian Thomas Hogan, Leasing Advisor at IPP Air Cargo, on LinkedIn. The second aircraft is already in conversion, followed by the third and fourth.

IPP Group (IPPG), a Vietnamese retail group that established IPP Air Cargo in June 2021 was hoping to receive its first modified aircraft to be delivered by the end of July 2022. Phillip Nguyen, CEO of IPP Travel Retail, speaking at the Routes Asia conference in June this year, stated that the new airline, branded IPP Air Cargo, will begin operations in September 2022, first servicing Hong Kong and Singapore.

What is the story of IPP Air Cargo's acquisition? In June 2021, IPP Group announced the acquisition of IPP Air Cargo. With a VND 2,400 billion (US$ 100 million) investment, IPP Air Cargo was formed to start an airline focused on freight transport, at a time when the sector was in chaos due to the pandemic.

In an interview published on IPP Group in June 2021, Johnathan Hanh Nguyen - Chairman of IPPG explained why he decided on establishing an airline when the world was in the middle of a crisis.

"Vietnam lacks a specialized airline that transports goods. Exporting businesses are facing serious difficulties. Businesses are willing to pay premium rates, but they must occasionally wait in line for flights because the airline does not have enough slots.

Therefore, I immediately thought to myself, "I can't just sit here and sell branded products to make money.", even though branded goods sold extremely well during the pandemic season. Since the customers were unable to travel overseas, we imported the new models for them to purchase, resulting in an 84 percent increase in sales," said Nguyen.

IPP Air Cargo is managed by CEO Le Hong Thuy Tien, with former Polar Air Cargo COO Lars Winkelbauer serving as an advisor. The new airline is in negotiations with Singapore's postal service provider Singpost and Cainiao, the logistics subsidiary of Chinese e-commerce giant Alibaba.

IPPG has also signed a memorandum of understanding with Australia's Wagner Corporation to build a trade corridor between Toowoomba (WTB) in Queensland and Vietnam. Service is anticipated to begin in March 2023. According to Nguyen, the route's objective is to transport consumer and industrial goods to Australia, as well as perishables like fresh food to Vietnam and beyond. He also stated that plans are in the pipeline to use Da Nang (DAD) and Cam Ranh (CXR) as staging points for goods to be transported to other destinations in the area or to Vietnam's seaports.

Lufthansa Cargo to expand intra-European network with new A321 freighters


The second A321F, registered D-AEUA, is now being converted in Singapore. The twin-engine, technologically sophisticated narrow-body aircraft is both powerful and fuel-efficient.

Lufthansa Cargo will begin offering more capacity in its medium-haul network on specially converted Airbus A321 freighters in October 2022. In March 2022, the first freight flight of its sort took launched from Frankfurt to Dublin.

Because of the good market reaction and ongoing high demand from the eCommerce and Same-Day sectors, the second aircraft of this kind will join the scheduled operation in October.

The second A321F, registered D-AEUA, is now being converted in Singapore. The twin-engine, technologically sophisticated narrow-body aircraft is both powerful and fuel-efficient. It has the same design as the first A321 freighter (D-AEUC, 'Hello Europe') and can carry 28 tonnes of cargo on 14 pallets and container slots on the main deck and 10 on the lower deck.

Lufthansa Cargo can continue to expand its footprint in the fast-growing eCommerce industry by providing well-known quality service and products. Similar to the first A321F, the second aircraft will also be based at the Frankfurt hub and operated by Lufthansa City Line under the wet lease agreement. Both A321Fs will operate under Lufthansa Cargo flight numbers.

As a Group company, Lufthansa CityLine has worked intensively in recent months on the technical and operational preparation of the first two converted aircraft of this type in Germany. The new destinations in the intra-European network include Birmingham (BHX), London (LHR) and Madrid (MAD). The existing destinations Istanbul (IST), Tel Aviv (TLV), Malta (MLA), Tunis (TUN), Dublin (DUB), Manchester (MAN) and Cairo (CAI) will continue to be served, while Istanbul and Tel Aviv will see additional frequencies.

Lufthansa Cargo continues to focus on intra-European network growth in light of the dynamic market development and continued strong demand for Same-Day and eCommerce solutions. Two more A321 freighters are scheduled to arrive in the first part of 2023. This implies that Lufthansa Cargo will more than treble its A321F capacity in the future and will endeavour to deploy these aircraft to meet the demands of individual customers.

Awery pledges support for fundraiser to rebuild MRIYA AN-225


Working models of MRIYA available for purchase, with profits going toward Antonov’s staff rehousing, MRIYA's reconstruction etc.

The Ukrainian technology company – Awery Aviation Software (Awery) – has pledged its support for an initiative launched Wednesday aimed at the protection and development of Ukraine's aviation industry, including the rebuilding of the ANTONOV MRIYA AN-225.

The Ukrainian technology company – Awery Aviation Software (Awery) – has pledged its support for an initiative launched Wednesday aimed at the protection and development of Ukraine's aviation industry, including the rebuilding of the ANTONOV MRIYA AN-225.

The Ukrainian start-up Metal Time has developed a working mechanical design kit model of the MRIYA AN-225 cargo plane. Profits from the sale of this model will be donated to Antonov for rebuilding of the Mriya aircraft; rehousing of Antonov employees whose homes were destroyed by Russia as well as the education and training of new aviation engineers and pilots for Ukraine.

Vitaly Smillianets, Awery's Chief Executive Officer, said, "Awery cannot stand by when the Ukrainian cargo aviation is destroyed economically and physically, and so it was an easy decision for us to help promote the initiative by communicating this great project as much as we can."

Smillianets went on to add that since 1991, Ukraine has celebrated August 24 as its day of independence. "So, it couldn't be more appropriate to launch this initiative today in our national bid to ensure that ANTONOV Aviation continues to be a major player in the project cargo international carrier market."

Details of the fundraising initiative and how you can buy your model can be found at kickstart.com and by searching for Metal Time. Awery Aviation Software is an established global IT service provider and software development company supporting the international air cargo and aviation industries.

I reckon you have found this information useful. Have a nice day!

Courtesy : CAN, CFG & ISN.

Hope you enjoyed reading the news. Have a nice day.

Thank you and kind regards

 

Robert Sands, Joint Managing Director

 

Jupiter Sea & Air Services Pvt Ltd

Tel : + 91 44 2819 0171 / 3734 / 4041

Fax : + 91 44 2819 0735

Mobile : + 91 98407 85202

E-mail : robert.sands@jupiterseaair.co.in

Website : www.jupiterseaair.com

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